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Sterling Financial announced Monday that it will receive a total of $278 million in private equity financing, after Warburg Pincus agreed to join Thomas H. Lee Partners in investing in the bank holding company, The Associated Press reported.

J.P. Morgan Chase & Company said yesterday that its chief financial officer, Dina Dublon, would resign and it named the vice chairman, David A. Coulter, head of the bank's West Coast operations. Ms. Dublon, one of the highest-ranking female...

J.P. Morgan Chase & Company named David Coulter executive chairman of its investment bank, a new position, yesterday. It also named Steve Black and Bill Winters co-chief executive officers of the unit, which last year earned $3.69 billion on $14.4...

March 6, 2004, Saturday

J. P. Morgan Chase announced yesterday that Geoffrey T. Boisi, brought in two years ago to invigorate the company's investment bank, was departing after what executives described as clashes with management. Mr. Boisi, who has been co-head of...

The ability of J. P. Morgan Chase to recover from a string of recent losses rests largely in the hands of two men who are both looking to restore battered reputations and may be considered for the top job someday. One of them, Geoffrey T. Boisi,...

For New Yorkers, the local Chase Manhattan branch is as familiar as Con Edison or Verizon. With more than 1,000 branches or A.T.M.'s around town, Chase controls one of every three New York banking dollars. Chase is by far the leading consumer bank...

February 8, 2001, Thursday

David Coulter, who quit as president of the BankAmerica Corporation a year ago after it posted a surprise loss, was hired by the Beacon Group, a private equity and merger firm, to run its West Coast business. Mr. Coulter, who is 52, will work in...

The BankAmerica Corporation today named Kenneth D. Lewis president, as the leadership of the old Nationsbank consolidates power after its merger with BankAmerica last year. The title had been held by Hugh L. McColl Jr., the company's chairman and...

When David A. Coulter resigned last week as president of the BankAmerica Corporation after huge losses there, he said the decision was ''extremely difficult for me, both personally and professionally.''

October 25, 1998, Sunday

No man, the Bible says, can serve two masters. But it is silent on what happens when a company has two masters, each of whom is used to being the sole boss. The reality these days is that few things are more likely to mess up a merger -- either...